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Boomer on Base Makes History: First-Ever In-Person Merchant Transaction with a Memecoin

SAN FRANCISCO, CA / ACCESSWIRE / June 28, 2024 / The Bay area's newest crypto happy hour, "Just Build," held at The Howard SF, 661 Howard Street in San Francisco, announced Tuesday night via a Twitter Space hosted by Boomer on Base, that it's accepting Boomer Coin - a Base meme coin - as a form of payment. This marks the first instance of any merchant, vendor, or establishment accepting a meme coin in exchange for products or services rendered, signaling a growing demand for payment alternatives in the market.

The Howard SF in San Francisco, a 20,000-square-foot premier event venue, has taken a giant leap forward in building credibility for crypto as legitimate currency with this move, while helping advance the shared mission of the Bay Area's tech and crypto communities. On Thursday, June 27th, The Howard SF not only accepted Boomer, but also retained BOOMER rather than convert it to USDC, making it a gesture of genuine support and commitment to the meme coin and Base communities.

"The Howard believes that a shift to a meme culture as it relates to payments is something people should take seriously", said Kevin Best, Owner of The Howard SF. "We don't want those coins converted to USDC. The primary driver to that is that we want to make sure that we're a part of the community. So if we're going to support the meme community, the meme culture, then we have to stand on that."

Petoshi, one of the original Boomer on Base community founders who's been at the helm of Boomer, was on hand in the Twitter Spaces to witness this watershed moment for the Community Take Over. "This is the first time that you can transact with a Base meme coin in real life with your Coinbase wallet, and the merchant will keep the meme coin as the native form of payment. This is history in the making," Petoshi said.

This moment isn't just big for Boomer-it's big for Coinbase's Base, the new Coinbase Smart Wallet that will help enable these historical-first transactions, and the meme coin space in general. It's also a huge step for all of crypto world. Starting to move the conversation from, "What is crypto?" to "What can I do with crypto?" is an incredible evolution for the space, the rate of which is accelerating with each passing day of this "Onchain Summer." Thanks to the impending explosive growth of Base, driven by unparalleled leadership from Coinbase, the unwavering support of pioneering merchants like the team at The Howard SF, and the unshakable belief of a not-so-little community takeover called Boomer On Base, crypto is truly starting to go places where it's never been before.

Meme coins IRL

This moment for Boomer Coin and Base represents an "in real life" (IRL) use-case for not just crypto, but meme coins generally; showing how a meme coin can be used like other forms of cryptocurrency for transactions in everyday life. Thanks to Coinbase and its pioneering Smart Wallet launched earlier this month, it's now easier than ever to exchange crypto as an asset sitting on your phone, for something that you can hold in your hands. Today, it's buying a beer with Boomer; tomorrow, it could be buying a hotdog at the baseball stadium or merch at a music festival.

For Boomer's part, this huge step is part of its mission and continued commitment to onboarding the next 10 million Boomers to crypto and Base safely, through education and the support of an unparalleled community of Boomers. It is a forerunner in providing a safe place for crypto newbies to come learn about crypto and hopefully avoid pitfalls in the early days of this new world.

The information contained in this article is not financial advice. Boomer is a meme coin with no utility and promises no future financial gains at any time.

Engaging with the Boomer Community

To take the next step in your crypto journey, immerse yourself in the vibrant Boomer community through various channels:

  • Telegram: Join the Boomer Telegram group to connect with like-minded individuals, share insights, and stay updated on the latest developments in the crypto sphere.

  • YouTube: Dive into Boomer's YouTube channel for educational content, tutorials, and interviews with industry experts, empowering you with knowledge and inspiration to navigate the crypto landscape.

  • Social Media: Follow Boomer on Twitter, Instagram, and Facebook to engage with the community and participate in discussions.

By actively engaging with the Boomer community, you can unlock a wealth of resources, support, and camaraderie on your journey towards crypto enlightenment.

Follow @BoomerOnBase on X for more insights, or visit baseboomer.com to learn more.

Media Details:

Company Name: Boomer on Base
Company Media Contact: Peaky
Email: peaky@baseboomer.com
Company Website: https://baseboomer.com/

SOURCE: Boomer on Base



View the original press release on accesswire.com

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